Menu

Modern Enterprise – Process – Finance and Accounting

Money is the lifeblood of a business.

It’s like electricity. When there is good cash flow things get done because bills and salaries are paid. It’s important to carefully watch the income and expense sides of the business. The processes I outline below are just a few of the important things that a business should understand. Spend time thinking about each of these categories when writing a business plan, or planning for growth in the future.

Individuals need to manage their finances. Organizations need to manage their accounts. If you can’t budget, you can’t hire. If you can’t hire, you can’t grow. If you can’t grow, you will die. If you can’t forecast, or report, you run into the same problems: you can’t hire, or grow, so you die. If you don’t ensure that your employees are paid on time, you might not have employees for very long. If you don’t ensure that you are paid on time, you might not have a company for very long!

Some of the books that we recommend to our employees for learning about finance, business finance and personal finance include:

AsItChanges.Next

Take Action

Modern Enterprise – Business of Business Today

As It Changes is published by the boutique internet architecture and strategy consulting firm Anant Corporation.

We publish this blog to inspire, educate, and empower the next generation of modern entrepreneurs around the world.

We named our blog "as it changes," to reflect the reality that the business of business today is always changing. We've learned lessons by experimenting, working for our clients, and good honest mistakes while helping build modern enterprises around the world.